Dow Jones Industrial Average Index it may touch 38650 R1-38650 SL-today clbs 10EMA coross if 25/04- GDP Rate come, Personal income MoM
US market is ready for last retracement .... Get ready for roller coaster ride !!! :-) enjoy the fall
US30 hit a significent zone and created a double top, broke the trendline and dropped even further. Broke a zone retested and it seems like we looking for more selling opportunities. Tell me what you think traders
Bullish indications: Resistance broken at 38227 Inverted head and shoulder pattern broken. trend line resistance broken. Made a new high possible change of trend. Bullish divergence in 4 hr time frame. Trade plan bias long @ 38247 SL:37953 TP1:38550 TP2:38826
Following a successful sell signal at the top of the long-term Channel Up (March 28, see chart below), Dow Jones (DJI) is staging its first attempt to resume the bullish trend: Observing past behavior in similar circumstances often helps at making such projections, so we placed Dow's previous correction in August 2023 (right chart) next to today's. The key...
The price hit our target exactly as predicted in our earlier analysis. Thus, if a 1-hour candle closes above 38570, it suggests that the bullish trend will continue towards 38820. Conversely, if the price stabilizes below 38485, it is likely to drop to 38330 and then to 38180. Pivot line: 38480 Resistance Prices: 38810, 39000, 39200 Support Prices: 38340, 38180,...
Hey traders! Diving into the DJIA (US30) chart, I’m currently bullish based on my Elliott Wave analysis. We've seen a robust upward move through waves (1) to (5), which leads me to believe we're now in a corrective phase, potentially carving out an ABC correction pattern. The completion of wave (5) was met with a swift reversal, indicating the start of our wave...
Price is currently rejecting off the resistance level which is an overlap resistance that aligns with the 50% Fibonacci retracement and could drop from this level to our take profit. Entry: 38579.76 Why we like it: There is an overlap resistance level which aligns with the 50% Fibonacci retracement. Stop loss: 39060.40 Why we like it: There is a pullback...
H4 - Bearish trend pattern. Currently it looks like a correction is happening. Until the two strong resistance zones hold my short term view remains bearish here.
US30 In order for the Dow Jones to remain positive and break over the 39030 barrier, it is imperative that the 38540 level be broken and stabilized above it. It appears that it is currently correcting to about the 38410 level before beginning to increase in the direction of the 17690 level. A 4-hour candle must remain stable below 38410 in order for the price to...
US30 broke structure and continued on a downtrend giving us a new low (Indication). It is now in a correction phase and watching as price reacts to that area 38400-38500. If we drop and close below 38440, will be looking for entry to sell to the lows at 37300 area.
Bullish range tapped n supply might see pullback into POI's below
US30 is within our sell confirmation to take a valid sell entry We look forward to shorting the pair Kindly use RISK MANAGEMENT and set stop losses according to account size
The current uptrend is expected to break through the resistance zone and advance to the specified Fibonacci levels. Then, according to the behavior of the indicator in this range, the continuation of the movement process will be determined. After the completion of the current uptrend, a downtrend is expected to form to the specified support levels
US 30 has made a bullish divergence on 1h and dxy is bearish in aprail month so its right time to place a buy stop at its resiatnace line . I think the market will continue to rise, thanks to the continued strength of the dollar
I think the Dow entered a downtrend, which turned its high into a short position. The price is likely to correct to 38800 and from there continue its downward trend until it reaches the important support of 35,000.
Nasdaq/US30 is always up to us to know where it is about to go, and now see.... Now we taking buys to the PSTG 1 AND 2 Which now fit